5 Signs You're No Longer Middle Class (My Reaction)

[@chelseafailla9887]

"regardless of your income, what you're doing with your income is the most important". Yep!

[@Emlyusa]

I paid off my house and car before I start investing. Then I build 6 months emergency funds. Now I’m putting 27% toward retirement . Adding 3% more every year. My salary is only 2 digit. It’s not how much you make, it’s how much you save.

[@toby43078]

Your salary is only 2 digits??? So you only make no more then $99?

[@Sunfl0wer25]

Right?!! So 27% of 99 isn't a lot 😅😂

[@yocobicus]

Pick your hard! Employer match "if offered" is free money to you. Did you mean 5 digits?

[@rebeltheharem7028]

I did the opposite, started investing and kept my debt. That's mostly because my debts were low interest rates, like a 2% car, 4% home, 5% student loans, and I believed in the value of investing early as more time = more money.

[@rustykatt3870]

Many people are struggling to just remain in the middle-class. Good luck to us all ✨😊✨.

[@alexk7405]

let's go brandon

[@firefly9838]

I make 50k a year. My parents make 700k a year. I recently learned that I had more in savings than they did...

[@colleenduffy1139]

That's wild!

[@mocheen4837]

Doubtful

[@kateluck1555]

Are you counting investments?

[@logicalmisery3737]

It sounds like you have more in a low yielding local bank savings account while your parents are smarter than that.

[@銀河のたろー]

I was a stay at Home mom with no money in my IRA or any savings of my own, which was scary at 53 years of age. Three years ago I got a part time job and save everything I make. After 3 years, I am 56 yo and have put $9,000 in an IRA and $40,000 in my portfolio with CFA, Evelyn Infurna. Since the goal of getting a job was to invest for retirement and NOT up my lifestyle, I was able to scale this quickly to $150,000. If I can do this in a year, anyone can.

[@NianLisa]

I went from no money to lnvest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Evelyn Infurna. I am at $128k right now and LOVING that you have to bring this up here

[@DannielleRosales]

Evelyn Infurna Services has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's

[@HieuTri-vw9zw]

She's definitely a top player in the trading world. Her ability to make successful trades is really impressive

[@SarahGetronBless-yk8sy]

She hooked me up with a late-stage fund that got me in on private shares of some hot companies before they hit the market or blew up. Those investments totally paid off when the companies went public and their stocks shot up. Now, I’m stoked because I’m heading into retirement with almost a million bucks in my portfolio.

[@markd152]

As a newbie, what do I need to do? How can I invest, on which platform? If you know, please share. I'm new to this, please how can I contact her?

[@HappyTraditionalWife]

For 4 years we lived on one seasonal income with zero debt..It’s been over 10 years since we had a car loan. We make on average $55k a year.

[@ralphparker]

I think it is unrealistic to take someone who is wise, frugal, etc and call them upper class because they have the benefit of their frugality. Because their frugality shows up in their lifestyle that is diminished from the true upper class. But I argue this. Someone living a upper middle class who is content has a better life than an upper class person who is not content. There is a lot of stuff that rich people spend money on that don't make you happy, secure, or otherwise enhance you life.

[@Travel_Photography_Dude]

Yessss made it to the upper class according to this income range🙌🙌

[@Mississippian]

I make way less than the 118k limit and not yet 30 (but close...). I am fully on track for retirement, 2 homes with 1 rented for passive income, no non-mortgage debt, and invest most of my funds to keep my money growing and have a very fulfilling budget based system to do it all. I did go from working minimum wage to making more than twice that in a span of 7 years. It's possible, y' all! This is a good list.

[@blakedesmond]

Good for you.

[@eile4219]

Depends on the definition of middle class. You maybe still no middle class.

[@Mississippian]

@@eile4219 of course I am in the middle class! I just said that in my first sentence.

[@eile4219]

@Mississippian like I said all depends on the definition. Most people said they are middle class either way.

[@firefly9838]

Our household only makes about 85k a year but we are on track for retirement.

[@kay203]

My wife and I make combined $280K in NYC suburb... by definition, I'm def upper class but I dont feel it... Our taxes are like 80K... so out of the 200K, we spend another 50K on housing and 20K on childcare... with 130K left, we spend 60K ish and save 70K ish... so I'm saving good amount but just live plain middle class lifestyle

[@eile4219]

that's why national average or median income is pointless. Too many poor people in other places to bring the average and median down. Always good to just compare to your own area. $280K for a couple in NYC is just not enough to have a quality middle Middle Class life when your rent can be 3k or 4k a month, paid more taxes than national average.

[@alexpietsch7997]

"After covering the two largest fixed expenses of the middle class and saving the median household income of the country, we can only spend 5k every single month".

[@Brandons125]

I don't think spending $60k per year after accounting for housing costs and also saving $70k is normal behavior for the middle class or even upper middle class. I would consider a family of 3 spending $60k /year on all expenses middle class.

[@bobjoe109]

You are able to save approximately as much as the average household makes in America and you think that's just a plain middle class lifestyle?

[@mocheen4837]

In San Francisco $300,000 is barely middle class.

[@ChristianVignet]

Cryptonica has already achieved great results, but you dont talk about it. Why is that?

[@jimv77]

I was raised in poverty, and have a middle class career. Even though we're now upper class, we'll always identify as lower-middle-class. Never forget where you came from!

[@RicBentley]

same

[@Rogerthatidea]

Same

[@mocheen4837]

Even in San Francisco where people make $400-500k per year they identify as middle class.

[@jaybah836]

I don't know about always identifying as lower middle class

[@terrylynn9984]

Amen

[@xlerb2286]

I don't remember my salary doubling in a few years but if you've got a good paying job, are living below your means, and investing you're on the path to building wealth. By the definition of middle class used in this video we haven't been middle class for a fair number of years. That doesn't mean a wild lifestyle though. We live modestly and drive nothing special ten year old cars. But that gives us the freedom to spend a little extra on the things that are important to us and not worry about paying for the little emergencies in life, like the furnace going out (which it just did).

[@leahwolber7082]

It really depends where you live too and if you have state taxes. My husband and I each gross over 100k, but feel and behave middle class. We budget, careful with spending, invest 15% and still have debt. We’re ok with the debt we have at this point (student loans and mortgage) and are working to pay it off but not aggressively. Here’s what makes a big difference- when you bought your house (2019), do you have childcare costs (no, all my kids are in school), how many investing years do you have left- those are important.

[@dkstudioart]

The only sign that I'm not middle class is the fact that I was able to retire early, however I live modestly, like I'm lower middle class because most of my income is IRA distributions and I want to make sure my IRA lasts the rest of my life no matter what happens with the stock market.

[@Abraham.Lincoln22]

$118k has not been “upper class” in over 40 years. 🇺🇸

[@transitengineer]

Yes, you are correct. The author of this article has mixed up the term "Lower Middle-Class" with "Upper Middle-Class" because, as we all know there are three (3)-levels of Middle-Class: lower, middle, and upper (smile ... smile).

[@ahwhite2022]

It arguably never has been. The idea that "upper class" is contingent upon salary reflects an ignorance of what wealth and class really is. There are plenty of upper class people with very little personal income, and plenty of high earning middle class people.

[@BrianAnu]

I grew up middle class. Haha said it first!

[@AGoldieDog32876]

😂

[@briankelly1240]

?

[@davidlenzo5096]

The term middle class was coined to appeal to a group of people The government wants to state you in order to vote for a party or individual.

[@fookbia8875]

I'm worth over 5 million and I'm middle class. 30k a month income with some passive income. It's not enough. Trust me. 10 million plus is out of the middle class. I drive a Honda Crv. I can't afford a G Wagon or Rolex. I live in the 1st house I purchased when I was 27. I'm a blue color worker. I'm working class.

[@terrylynn9984]

My husband makes more now then he ever has. However with inflation so high in Canada, the money does not stretch the way it used to. Also one needs to look at gross pay and what the actual net pay their take home they live off with. Reality is the net pay. Canadian govt takes 40 percent of ones income in taxes. Not fun being in this country.

[@EricMoore790]

You can buy a family size TV dinner without getting anxiety.

[@jabow1878]

The problem with being middle class in income without debt keeps your child from getting scholarships for college. Even merit scholarships look at debt as a reason why parents can’t pay more. Crazy! A family member chose early in their marriage to not go into debt except their house. They are tight- because they are saving to buy their next car and pay big orthodontist bills. FASFA only sees a good savings…..

[@jabow1878]

And the child cannot declare independence!

[@anndeecosita3586]

You can get scholarships when you are middle class. It’s harder to get grants and work study. I went to college with kids who had partial and full academic scholarships and now I have friends whose kids have them because their standardized test scores and grades were exceptional. Also many scholarships are not administered through schools and don’t ask about family income. Also if your parents are divorced, you don’t have to put down a non-custodial parent’s income but some people don’t know this.

[@transitengineer]

Please make sure to tell all future college students that a 4-year degree does not guarantee a job. Also, to keep from needing a student loan please suggest they go to college like me, as a daily commute student and continue to live at home with their parents. This is how, I earned my B.S. degree in Electrical Engineering with zero student loans (smile ... smile).

[@mocheen4837]

Not sure why I am forced to fill out the Fafsa forms when I know we will not qualify for any aid. Such a scam

[@nataliestark8243]

Hot water heater... expect at least $2,000, more than the starter emergency fund.

[@raymondbush1407]

Not if you do it yourself. Had to Google how to do it a few years ago and went to Lowe's and bought it and came home and installed myself. Cost right at 700.

[@ALxoxo1]

Signs You Are Now Above Middle Class 1. Your income has doubled in the last few years. 2. Your only debt is your mortgage. 3. You are able to save for retirement. 4. You have passive income. 5. You are actively taking steps to reduce your tax burden.

[@zachdarr7605]

I’ve doubled my base pay since 2020, it’s been crazy.

[@kathyrine-b6i]

I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.

[@VincentMason-y8r]

Well as you know bigger risk, bigger results, but such impeccable high-value trades are often carried out by pros.

[@LoïcJansen]

People dismiss the importance of advisors until they are burned by their own emotions. I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for qualified consultants and came across someone with the highest qualifications. She has helped me raise my reserve from $275k to $850k, despite inflation.

[@FrankHernandez-f8o]

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation.

[@FrankHernandez-f8o]

Very much appreciated. I just searched Caroline Suzan Olson on the internet, spotted her consulting page ranked top, and was able to schedule a call session. I've seen commentaries about advisors, but not one looks this phenomenal.

[@ADR-j9m]

I truly wish I knew when I was 22 what I know now.

[@AKBRONCOSFAN007]

Does it truly matter what “class” a person is in??? Another person’s opinion of me is none of my business. This is a ridiculous topic and video. On another note, Rachel Cruz reminds me of Mike Rowe in that they are extremely careful about what they say or how they say it because they’re so concerned about getting “cancelled” if the say the “wrong” thing to the wrong person. Just a perception I have of Rachel and Mike.

[@TartarianTopG]

What about upper middle class

[@YSBRYD-CATH]

In a recent video you mentioned that you use an online savings account... could you tell us what bank you use for that? Thanks!

[@CordoneDavoren274]

*Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*

[@QuentinHufton]

wow this awesome 👏 I'm 47 and have been looking for ways to be successful, please how??

[@CordoneDavoren274]

It's Lisa Annette Robinson doing, she's changed my life.

[@DewireGonchoff221]

I do know Ms. Lisa Annette Robinson , I also have even become successful....

[@McspaddenRaschko]

After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.

[@BailesPosey]

Absolutely! I've heard stories of people who started with little to no knowledge but made it out victoriously thanks to Ms. Lisa Annette Robinson .

[@Consultant22]

Dumb article and click bait video. All of this talk about how bad it is to be middle class in this country is counter productive.

[@anndeecosita3586]

I don’t know about because I always see it depending on family size as well. As someone who is child free, I don’t have the expenses that my friends with children have. So even if they make more I am doing about the same if not better than they are financially.

[@transitengineer]

I agree with your comment 100 percent, we are a childless couple. Have been married to the same women for 40-years, and my Net Worth is $1.1 million and, my wife's Net Worth is $600,000 (smile ... smile).

[@JewelBlueIbanez]

“Only making $70,000/year”. I wish.

[@reynoldslacybrleroymeuschke]

!I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks or Crypto will be appreciated

[@DerickSams]

As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.

[@ElizabethHansick]

Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analyzing market movements and spotting profitable opportunities. Her strategies are meticulously crafted based on thorough research and years of practical experience..

[@reynoldslacybrleroymeuschke]

nice! once you hit a big milestone, the next comes easier. How can i reach her, if you don't mind me asking?

[@ElizabethHansick]

look up her name on the web for her website.

[@reynoldslacybrleroymeuschke]

I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this.

[@teenindustry]

Doubling your income depends on where you are when you are a student you might only earn small change. You often double it with your first proper job. Minimising tax is also pretty bad behaviour if you live in a society

[@julietnovak2602]

The millionaire Next Door, the richest man in babylon. Read them and get rich.

[@atorres11720]

Upgraded??

[@flea4061]

Meh, all the nation average income 59k? proves is that there are way more poor people then rich dragging down that average. 59k is not middle class. In fact, I would argue that anyone under 150k a year isn't middle class, and there's a lot of places where 300k isn't middle class. Americans don't like to think of themselves as poor, so they inflate their status. You can not be middle class without having a stable decent income, savings, a home, reliable transportation, healthcare, investments/401k, and a 529 if you have kids. Those are the basics of middle class and you are not achieving that on 59k. Anywhere. Now go make (a lot) more money.

[@alishadegroot9100]

If we didn't have student loans, we'd have all of those things you listed right now on a $60K income with 4 kids in a capital city. Without debt, we'd have a good $1K+ to do with what we please each month. It is entirely possible.

[@eile4219]

Yeah, too many poor people to drag down the median income as well. Those with high income usually live in expensive city like sf bay area where 150k a year is not considered great income.

[@HappyTraditionalWife]

We live comfortably on one seasonal job making 55k..zero debt and yes we still invest

[@alexpietsch7997]

There are more counties in this country where a three bedroom home sells for under 300k than over 300k. Is the definition of middle class paying cash for a house in 3 years?

[@transitengineer]

@@alishadegroot9100 Have a question, I was a commute student in college living at home with my parents, was that not an option for you to reduce the need for a student loan?

[@wagon9082]

Good video

[@JonKessel]

Christian Healthcare Ministries is a great example of socialism

[@laundrygoddess4]

No truly it isn't. It's a business

[@republicunited2183]

Better than Dem communism.

[@jabow1878]

Christian Socialism- choosing to op in- is way different then governmental socialism. Military health care is a form of socialism. No matter your rank, your family is fully covered.

[@HappyTraditionalWife]

Someone does know the definition of Socialism..Younger kids through out words without knowing the true meaning of the word they are using 😂

[@laundrygoddess4]

@@jabow1878 military healthcare is paid by the government so it is a socialism policy. A religious organization profiting is not socialism

[@andrewahall]

Did no one catch that she said to use debt as a tool? 10:30

[@lindseye2750]

No, She said using debt as a tool well don’t be defined by your mistakes…..

[@mcfluffier]

*Andy from Parks and Rec shocked face meme*

[@Drtate_therealtor]

She meant use money as a tool.

[@mcfluffier]

@@Drtate_therealtor what is debt but other peoples money.

[@michaelgohmox]

Stop spreading ur religion agenda will u

[@Moselle-l7w]

That’s not nice. I thought being “inclusive” is the language of your people 🙈🙈

[@just_a_guy13]

1st lol

[@OscarM.94]

How old are you? Get a life grow up